ExWHUemployee has claimed doubt over Daniel Kretinsky’s finances due to some possible investments connected to Russia.
At the end of 2021, the Czech billionaire became West Ham’s second-largest shareholder, taking a 27 per cent stake in the Premier League club. It was reported that he put in between £180m and £200m into the club and so many fans may well be expecting to see greater spending in the summer transfer market as a result.
However, following Russia’s invasion of Ukraine – which saw Chelsea’s oligarch owner Roman Abramovich hit with sanctions over his ties with his home nation – there could also be some potential concerns for Kretinsky.
Speaking on The West Ham Way podcast, Ex explained that the West Ham investor has ‘apparently’ got some money tied in Russia.
He said (47:25): “Things like the Chelsea situation. You know, even the finances with Kretinsky, for example, aren’t 100 per cent clear cut at the moment.
“He’s got some investment tied up in Russian stuff, apparently. So I don’t even know for certain what the situation is with that.”
TIF thoughts on Daniel Kretinsky and West Ham…
As the situation isn’t ‘clear cut’, as Ex clearly points out, it would be wrong to speculate too heavily on the situation. Even so, considering what has happened at Chelsea, some West Ham fans may feel a little nervous about it all.
Will West Ham spend big this summer?
It was interesting that, despite Kretinsky’s arrival in the winter, the club did not go out and sign any new players in the January transfer market.
However, with the club still in Europe and pushing for a high finish in the league, they will no doubt hope to invest in some fresh talent when the summer window opens at the end of the season.